Market Overview:
The global road safety software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about road safety and the rising number of accidents across the globe. In addition, the growing adoption of cloud-based solutions and increasing demand for real-time data are also contributing to the growth of this market. On-premise software held a major share of the global road safety software market in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its advantages such as low implementation costs, easy customization, and better security features as compared to cloud-based solutions. However, cloud-based solutions are witnessing high growth rates owing to their advantages such as lower implementation costs, easy scalability, and faster deployment times when compared with on-premise software.
Product Definition:
Road safety software is used to help manage and improve the safety of roads. It can help identify hazards and recommend improvements, as well as track incidents and accidents. This type of software is important for managing road safety, as it can help make roads safer for drivers, pedestrians, and cyclists.
On-premise:
On-premise software is a type of cloud computing software that is installed and used on the end user's own equipment. The end-users are responsible for maintaining the system and all its components. This model has been around for quite some time; however, it has undergone several changes over recent years in terms of technology, business models, organizational structures, and processes.
Cloud-based:
Cloud-based software is a collection of data and applications that are hosted on the internet. It is an online service that allows users to access information through a web browser. The cloud-based road safety software provides real-time information, which helps in enhancing driver safety by providing accurate traffic updates.
The major advantage of this technology includes easy accessibility from any location with no requirement for physical infrastructure such as server rooms or IT support staff along with low operational cost.
Application Insights:
The application segment is segregated into road monitoring and auditing, traffic management, accident analysis and prevention, risk assessment, driver behavior analytics, and others. The road monitoring and auditing segment dominated the global market in 2017. This can be attributed to the rising number of fatal accidents that are reported globally every year. Moreover, governments around the world are taking initiatives to make roads safer by deploying safety applications on a large scale. For instance; Transport Research Laboratory (TRL) developed a mobile app-based system for drivers¢â‚¬â„¢ awareness called Drive Aware which was launched in 2015 across Great Britain as part of a government initiative named ¢â‚¬Å“Tackling Road Safety Head On (THON)¢â‚¬ program with funding from Department for Transport (DfT).
Regional Analysis:
The market in Asia Pacific is expected to grow at the highest rate over the forecast period. The growth can be attributed to increasing road accidents and growing adoption of safety software by governments as well as private companies. Increasing number of smart cities projects in India, China, Japan, and South Korea are also likely to contribute towards regional growth over the next few years.
The European region accounted for a significant share in 2016 owing to high acceptance of new technologies coupled with implementation of advanced safety systems across various countries such as Germany, France, Italy and U.K., which has resulted into increased demand for global road safety software solutions across this region since past few years.
Growth Factors:
- Increasing awareness about the benefits of road safety software among the masses
- Rising number of road accidents globally and subsequent need for better safety measures
- Growing demand for advanced features in road safety software to cater to specific needs
- Proliferation of smart devices and their increasing adoption for navigation purposes
- Increasing focus on reducing fatalities due to road accidents
Scope Of The Report
Report Attributes
Report Details
Report Title
Road Safety Software Market Research Report
By Type
On-premise, Cloud-based
By Application
Accident Analysis, Street Monitoring and Auditing
By Companies
TRL, TES, RoadSafe GIS Inc., VIA, Buchanan Computing Ltd, AgileAssets, Brighton & Hove City Council, DXD Group Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Road Safety Software Market Report Segments:
The global Road Safety Software market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Accident Analysis, Street Monitoring and Auditing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TRL
- TES
- RoadSafe GIS Inc.
- VIA
- Buchanan Computing Ltd
- AgileAssets
- Brighton & Hove City Council
- DXD Group Ltd
Highlights of The Road Safety Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Accident Analysis
- Street Monitoring and Auditing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Road Safety Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Road safety software is a type of computer software that helps drivers stay safe on the roads. It can include features such as navigation, weather forecasts, and traffic updates.
Some of the major players in the road safety software market are TRL, TES, RoadSafe GIS Inc., VIA, Buchanan Computing Ltd, AgileAssets, Brighton & Hove City Council, DXD Group Ltd.
The road safety software market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Road Safety Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Road Safety Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Road Safety Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Road Safety Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Road Safety Software Market Size & Forecast, 2018-2028
4.5.1 Road Safety Software Market Size and Y-o-Y Growth
4.5.2 Road Safety Software Market Absolute $ Opportunity
Chapter 5 Global Road Safety Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Road Safety Software Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Road Safety Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Road Safety Software Market Size Forecast by Applications
6.2.1 Accident Analysis
6.2.2 Street Monitoring and Auditing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Road Safety Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Road Safety Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Road Safety Software Analysis and Forecast
9.1 Introduction
9.2 North America Road Safety Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Road Safety Software Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Road Safety Software Market Size Forecast by Applications
9.10.1 Accident Analysis
9.10.2 Street Monitoring and Auditing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Road Safety Software Analysis and Forecast
10.1 Introduction
10.2 Europe Road Safety Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Road Safety Software Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Road Safety Software Market Size Forecast by Applications
10.10.1 Accident Analysis
10.10.2 Street Monitoring and Auditing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Road Safety Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Road Safety Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Road Safety Software Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Road Safety Software Market Size Forecast by Applications
11.10.1 Accident Analysis
11.10.2 Street Monitoring and Auditing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Road Safety Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Road Safety Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Road Safety Software Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Road Safety Software Market Size Forecast by Applications
12.10.1 Accident Analysis
12.10.2 Street Monitoring and Auditing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Road Safety Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Road Safety Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Road Safety Software Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Road Safety Software Market Size Forecast by Applications
13.10.1 Accident Analysis
13.10.2 Street Monitoring and Auditing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Road Safety Software Market: Competitive Dashboard
14.2 Global Road Safety Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TRL
14.3.2 TES
14.3.3 RoadSafe GIS Inc.
14.3.4 VIA
14.3.5 Buchanan Computing Ltd
14.3.6 AgileAssets
14.3.7 Brighton & Hove City Council
14.3.8 DXD Group Ltd
